We compare results of a tax reform analysis obtained with the collective and unitary models of household behaviour. We simulate real world microdata by means of a collective approach, using a compound procedure…
The present paper examines the wage effects of continuous training programs using individual-level data from the German Socio Economic Panel (GSOEP). In order to account for selectivity in training participation…
The decision to release a new transgenic crop variety for planting in the European Union is a decision under irreversibility and uncertainty. As the decision can also be postponed there exists some flexibility…
Although recurrent evidence is found that consumers have different willingness to pay for GM and non-GM products, there is disagreement in the scientific community about the size of consumer benefits from GM…